I have a new paper out today, co-authored with Christine Berry, called 'Who is winning from COVID-19?' The paper was commissioned by the Scottish Trades Union Congress (STUC).
The US election is the most divisive in decades. But the fractures running through US society long predate COVID-19.
It's hardly surprising people think Britain is a meritocracy: the Thatcherite narrative on wealth creation has gone unchallenged for decades.
According to a new OECD working paper, Britain is one of the wealthiest countries in the world. Net wealth is estimated to stand at around $500,000 per household – more than double the equivalent figure in Germany, and triple that in the Netherlands. Only Luxembourg and the USA are wealthier among OECD countries. On one level, … Continue reading Why the distribution of wealth has more to do with power than productivity